Lowenstein represented Frec, a San Francisco, CA-based provider of a suite of automated self-service products to simplify investment products usually available via wealth managers, in a $26.4 million Series Seed and A funding.
The round was led by Greylock with participation from Social Leverage and others.
Frec’s flagship product, Frec Direct Indexing, is one of the first direct-to-consumer products that enables customers to track S&P indices — delivering the benefits of index investing, with added tax savings and customization.
The Lowenstein deal team included Dotan Barnea, Ethan L. Silver, Sean Campbell, Claire Dronzek, Macauley Venora, Eric Sands, and Chynara Tolubaeva.
